News

Assessing Nigerian Navy’s Impactful War Against Oil Theft

DailyTimesNGR DailyTimesNGR 4 March 2024 0

Crude oil theft assumed a dangerous dimension at some point in the country’s annals. It was estimated that Nigeria lost about $46 billion (N16.25 trillion) to crude oil theft in 11 years. The thought of what such an amount of money could have done to the country’s economy leaves one

News

Oil theft: Saboteurs, perpetrators out to smear image of Naval Chief with falsehood, CSO warns

Ihesiulo Grace 29 January 2024 0

The Centre for African Liberation and Socioeconomic Rights (CALSER) has raised an alarm over an alleged plot by some disgruntled elements to blackmail the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla. Speaking at a press conference on Monday in Abuja, convener,  Professor Thomas Uzah said oil thieves are on the prowl, seeking the head […]

News

Smear Campaign Against CNS Targeted At Derailing War Against Oil Theft – Reps Deputy Spokesman

DailyTimesNGR DailyTimesNGR 29 January 2024 0

The Deputy Spokesman of the House of Representatives, Hon Philip Agbese, has described the petition against the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, as a tactic to distract and thwart the war against oil theft.  Agbese, speaking to journalists over the weekend, said the petition is the handiwork of some disgruntled elements hit […]

News

Oil theft: 58 Illegal oil points discovered so far in Delta, Bayelsa – Tompolo

Ihesiulo Grace 10 October 2022 0

About 58 illegal oil points have been discovered so far since the operation to end oil theft on the waterways of Delta and Bayelsa states began. Ex-militant leader, Government Ekpemupolo also known as Tompolo, said this in a press briefing at Oporoza on Sunday where he also gave an update on the recent discovery of […]

News

Nigeria’s economy threatened by oil theft -Senate President

Ihesiulo Grace 21 September 2022 0

By Tunde Opalana Oil theft and production sabotage in the south- south petroleum producing region has become major threat to Nigeria’s economy. President of the Senate, Ahmad Lawan who said this expressed worries that generation and collection of revenues from the oil sector have remained major challenges due to massive loss of revenue through oil […]

News

Oil theft: Nigeria loses 400,000 barrels daily – Sylva

Ihesiulo Grace 9 August 2022 0

The Minister of State for Petroleum Resources, Dr Timipre Sylva, has said that the country loses 400,000 barrels of crude daily via oil theft. Sylva said this on Monday, when he paid a courtesy visit to Gov. Hope Uzodimma of Imo at the Government House, Owerri. He described the development as a “national emergency”. He […]

Editorial Opinion

Oil theft: The revelation by NNPC

Ihesiulo Grace 23 March 2020 0

The revelation by the Nigerian National Petroleum Corporation (NNPC) that the Federal Government presently does not know the exact figure of crude stolen by oil thieves is not only disheartening but calls for urgent actions to stop criminally minded persons in the oil sector from causing more damage to the nation’s economy. Recall that Chief […]

Editorial

Oil theft: The revelation by NNPC

Ihesiulo Grace 12 March 2020 0

The revelation by the Nigerian National Petroleum Corporation (NNPC) that the Federal Government presently does not know the exact figure of crude stolen by oil thieves is not only disheartening but calls for urgent actions to stop criminally minded persons in the oil sector from causing more damage to the nation’s economy. Recall that Chief […]

News

NNPC set to take measures to curb oil theft

Ihesiulo Grace 11 December 2019 0

Abuja – The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday.

Business

Navy seizes stolen crude oil off Rivers coast

Ihesiulo Grace 23 January 2018 0

The Nigerian Navy has seized huge quantity of petroleum product suspected to be crude oil off Rivers coast, a senior navy official has revealed. Commodore Samson Bura, the Commander of the Nigerian Navy Ship (NNS) Pathfinder, Port Harcourt, paraded the vessel, MT Marina Express, and its crew members in Onne, Rivers on Tuesday. Bura said […]

News

Oil theft: Okowa assures security agencies of support

Ihesiulo Grace 20 December 2016 0

Delta State Governor, Dr Ifeanyi Okowa, has assured security agencies of his government’s support in tackling criminality and pipeline vandalism. The Governor who spoke Tuesdy when he received on courtesy visit, Rear Admiral Opoche Suleiman, Commander, Joint Task Force [JTF] Operation Delta Safe and his team in Asaba said that crude oil theft and pipeline […]